Watch out for earning!

As we get into the thick of earnings season make sure to note the earnings announcements for your stocks. I personally don’t hold positions over earnings unless I have a substantial profit and have scaled out of the bulk of my position. This leaves a small amount which is really looked at as a gamble when holding over an earnings announcement.

Stocks to Watch on 10/24:

Longs: none

Shorts: CYOU, FSLR, OVTI, RBA

Compare the NASDAQ to the S&P over the past two years. Typically the NASDAQ leads the market out of a recession and this time seems to be no different.

SPY Weekly Chart

NASDAQ Weekly

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